Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The unadjusted trial balance for We Do Windows Company, a cleaning service, is as follows: (Click the icon to view the unadjusted trial balance.) Additional
The unadjusted trial balance for We Do Windows Company, a cleaning service, is as follows: (Click the icon to view the unadjusted trial balance.) Additional year-end information is as follows: (Click the icon to view the year end data.) Read the requirements. Requirement 1. Journalize the adjusting entries using the letter and December 31 date in the date column. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Used office supplies of $1,200. Date Accounts and Explanation Debit Credit (a) Dec. 31 Requirements 1. Journalize the adjusting entries using the letter and December 31 date in the date column. 2. Post the adjustments to the T-accounts opened for you, entering each adjustment by letter. Show each account's adjusted balance. Print Done - x More Info During the 12 months ended December 31, 2024, We Do Windows: a. Used office supplies of $1,200. b. Used prepaid insurance of $610. C. Depreciated equipment, $470. d. Accrued salaries expense of $340 that hasn't been paid yet. e. Earned $380 of unearned revenue. Print Done Next Question Unadjusted trial balance We Do Windows Company Unadjusted Trial Balance ast December 31, 2024 Balance Debit Credit Account Title Cash $ 800 Office Supplies 3,000 Prepaid Insurance 800 26,000 $ 6,000 Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable 1,800 Unearned Revenue 700 Maisey, Capital 14,100 Maisey, Withdrawals 1,000 Service Revenue 16,000 Salaries Expense 7,000 Supplies Expense Depreciation Expense-Equipment Insurance Expense $ 38,600 $ 38,600 Total Print Done
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started